IREN Budgets $25 Billion To $30 Billion For Its AI Build-Out — More Than Its Entire $13.9 Billion Market Value
IREN stock has plunged 54% from highs earlier this year.
Latest
Arista CEO Jayshree Ullal's Trusts Sold $21.1 Million Of Stock Under A Plan Set In November 2025
A Form 4 shows three trust accounts sold 96,992 shares on Wednesday, the fourth sale in her five latest filings.
Bambusa Files For Nasdaq IPO With $41.1 Million Loss, No Revenue And A Going-Concern Warning
The Boston antibody developer's S-1 leaves price and share count blank and says $71.5 million in cash may not last a year.
Standard BioTools Holders Would Own About 16% Of Treeline Combination, Amended S-4 Shows
The second amended filing sets an exchange ratio range, a 12-seat board and a $2.5 billion Treeline value against $460 million for Standard BioTools.
EU Names Eldorado Gold's Skouries Mine A Strategic Project, Backing A $2 Billion-Plus Greek Copper Build
The European Commission picked the Greek copper-gold mine under its Critical Raw Materials Act, the company said in a statement.
AutoZone Director Claire McDonough Will Leave The Board In 2026 Over A Calendar Clash, Not A Dispute
McDonough told AutoZone's board she will not stand for reelection after taking a new executive job whose calendar conflicts with board meetings.
Integra Prices $450 Million Of 9.500% Notes, Expects Rate Increase Near High End Of 100-200 Basis Point Range
The refinancing is expected to raise Integra's effective interest rate near the top of the range management flagged earlier.
Sidus Space Audit Chair And Another Director Resign Same Day, And The Company Disputes Both Letters
An 8-K shows Tiffany Norwood and Kelle Wendling left the board Tuesday; Sidus Space says it disagrees with their letters.
Live Nation Prices $730 Million And €600 Million Of Notes To Pay Off 6.500% Debt
Live Nation says swaps on its dollar notes put the blended rate at about 5.89%, against 6.500% on the 2027 notes it will redeem.
Crescent Energy Prices 80 Million Shares At $12.50 To Help Fund Devon Eagle Ford Purchase
A KKR-affiliated holder agreed to buy 40 million shares, and underwriters took up their full 12 million-share option on Friday.
Fairmount-Linked Holders Of 9.99% Of Spyre Therapeutics Agree To 60-Day Lock-Up After Offering
Amendment No. 8 to a Schedule 13D reports the lock-up only; the holders did not buy shares and their position is unchanged since June.
Dolan Reports 100 MSGS Spinco Shares, All Held Indirectly, As Spinoff Registration Takes Effect
James Dolan's Form 3 lists 100 shares held through Madison Square Garden Sports and its subsidiaries, and he disclaims ownership.
Earnings
Diamondback's Hedges Cost It $1.41 A Barrel On Third-Quarter Oil, 8-K Shows
The Permian producer expects a $97 million cash loss on derivative settlements, plus an $85 million non-cash loss, for the quarter.
Earnings
Oil-Dri Posts Record $493.8 Million Sales And $57.0 Million Profit, Even As Gross Margin Slips To 27.8%
Fiscal 2026 net income rose 6% on lower overhead, while higher manufacturing and freight costs cut gross margin from 29.5%.
Earnings
Tilray CEO Says Market Misprices It As A Pure Cannabis Stock, Offers Three Scenarios
Irwin Simon laid out what Tilray would do if U.S. reform comes, if hemp drinks open up, or if nothing changes, while reaffirming guidance.
Earnings
Main Street Capital Made $157.2 Million In New Private Loan Commitments In Third Quarter, 8-K Shows
The lender funded $162.0 million at cost in the quarter and held about $2.1 billion across 86 companies, with 92.6% in first lien debt.
Earnings
PepsiCo Cuts Its 2026 Core EPS Outlook After A July Call That Rejected An 'Earnings Reset'
PepsiCo now expects 2026 core EPS growth of 2.5% to 3.5%, down from the low end of 5% to 7%, after a July call that blamed gas prices for a convenience-store slump.
Earnings
AngioDynamics Picks Getinge's Eric Honroth As CEO, Effective November 2, As Jim Clemmer Retires After 10 Years
The CEO change came with first-quarter revenue of $80.9 million and unchanged full-year guidance, the company said on its earnings call.
Earnings
ICON Will Report Third Quarter Results After The Close On October 27, Call Set For 8:00am ET Next Day
The clinical research company will hold a webcast on October 28, with a replay posted about an hour after the call ends.
Earnings
NovaGold Raises 2026 Spending Guidance By $11.5 Million To About $110.0 Million On Donlin Gold Deal Fees
The gold developer reported a $36.0 million third-quarter loss and said professional fees tied to the Donlin Gold purchase will stay high into early fiscal 2027.
Earnings
Lightspeed Will Report Fiscal Second Quarter Results Before The Open On November 5
The company will hold a webcast call at 8:00 am ET the same day, with a replay running to November 12.
Earnings
AngioDynamics Cuts Quarterly Loss To $7.1 Million, Names Eric Honroth CEO And Holds Guidance
Med Tech sales rose 13.2% in the fiscal first quarter, and the company reiterated its full-year outlook ahead of a November 2 CEO handover.
Earnings
Henry Schein Names Ex-ITT CFO Emmanuel Caprais As Finance Chief, With $750,000 Salary
Ronald South stays through the third-quarter earnings process before moving to a senior advisory role on November 4.
Earnings
Tilray's Beer Business Now Brings In $101.5 Million A Quarter While Cannabis Sales Fall To $56.1 Million
Tilray reported a $40.0 million first-quarter net loss on higher sales and reaffirmed its $68 million to $75 million adjusted EBITDA forecast.